BofA Hikes First Solar Target (FSLR) to $291, Eyeing a 2026 Stock-Picker’s Cycle

Group 1 - First Solar Inc. is considered a cheap stock to buy for the next three years, with Bank of America raising its price target to $291 from $255 while maintaining a Buy rating [1] - Guggenheim also raised its price target for First Solar to $312 from $289, emphasizing the importance of monitoring potential disruptive policy and trade developments, particularly regarding Section 232 tariffs [2] - Jefferies downgraded First Solar from Buy to Hold, lowering its price target to $260 from $269, citing concerns over limited booking visibility and strategic questions for 2026 [3] Group 2 - First Solar is a solar technology company that provides photovoltaic solar energy solutions in various countries, including the US, France, India, and Chile [4]